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23 Oct 2018
Fed's Bostic: Would favour 4th rate hike this year
Additional comments from Atlanta Fed President Raphael Bostic continue to cross the wires with key quotes, via Reuters, found below.
- Would favour 4th rate hike this year.
- Equity sell-off will prompt him to start asking businesses if they are seeing weakness in real economy develop.
- Strong expected Q3 GDP made him more comfortable with a 4th rate increase this year.
- Still trying to understand how quickly strong recent growth might dissipate.